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Hoskinson hints exchanges are responsible behind Vasil Hardfork’s delay

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Hoskinson hints exchanges are responsible behind Vasil Hardfork's delay 9

Cardano’s founder talked about the ongoing development work regarding the Cardano Blockchain Hardfork and confirmed that September will be Hard Fork month.Β 

Charles Hoskinson is the founder of Cardano blockchain and he is also one of the co-founders of Ethereum blockchain. In the past, Hoskinson left the Ethereum project because he disagreed with Vitalik Buterin. Indeed Hoskinson was looking to make the Ethereum blockchain a commercial blockchain but Vitalik refused and said that Ethereum will always remain a non-profit Blockchain network. After leaving the Ethereum project, Hoskinson launched the mainnet of Cardano blockchain in 2017 as a competitor of Ethereum.

On 26 August, Through the AMA video session on YouTube, Hoskinson said that majority of the exchanges are in rush but once they will be on Cardano support upgrade on their platform then the Cardano team will announce the exact date of Vasil Hardfork on mainnet.

Hoskinson said:

“Once we hit that golden 75% of the SPOs (stake pool operators) and three to five of the major exchanges by volume, the top three or top five are upgraded or in the process of upgrading, a hard fork date will be set. Then, the rest of the exchanges feel the urgency and they start upgrading.”

So in this way, Hoskinson said that Cardano Vasil Hardfork needed technical support on major exchanges like Binance, Coinbase, FTX & Kraken and further that will be followed by other crypto exchanges. 

Further, the Cardano founder said that lots of backend work has been going on in the Cardano Blockchain to bring huge numbers of integration work in the Cardano network. And all this will help the Vasil Hardfork to happen in September 2022. 

So it is almost fully confirmed that Vasil Hardfork will take place in September of this year but it is unconfirmed, whether it will be mid or late.

Earlier this, Hoskinson criticized US government agencies’ sanctions on the crypto mixing platform Tornado Cash. Hoskinson argued that Tornado Cash is a neutral platform and the government should work to prohibit the engagement of bad actors, instead of punishing the developers. 

Read also: I believe $17k is going to come eventually: Altcoin Sherpa

Hoskinson hints exchanges are responsible behind Vasil Hardfork’s delay

 

https://bitcoinik.com/hoskinson-hints-exchanges-are-responsible-behind-vasil-hardforks-delay/feed/

https://bitcoinik.com/hoskinson-hints-exchanges-are-responsible-behind-vasil-hardforks-delay/feed/

 

 

 

 

 

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